iShares Treasury Floating Rate Bond ETF $TFLO Stock: New Capital Management LP Raises Holdings

New Capital Management LP boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 13.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,915 shares of the company’s stock after buying an additional 13,211 shares during the period. iShares Treasury Floating Rate Bond ETF makes up approximately 1.3% of New Capital Management LP’s portfolio, making the stock its 15th biggest position. New Capital Management LP owned approximately 0.08% of iShares Treasury Floating Rate Bond ETF worth $5,671,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TFLO. Global Assets Advisory LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 0.4% in the third quarter. Global Assets Advisory LLC now owns 68,253 shares of the company’s stock valued at $3,449,000 after acquiring an additional 273 shares during the period. GC Wealth Management RIA LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 6.1% during the first quarter. GC Wealth Management RIA LLC now owns 5,478 shares of the company’s stock valued at $277,000 after acquiring an additional 315 shares in the last quarter. SVB Wealth LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 4.0% during the second quarter. SVB Wealth LLC now owns 11,829 shares of the company’s stock valued at $599,000 after acquiring an additional 450 shares in the last quarter. Compass Financial Management LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth approximately $32,000. Finally, Milestone Asset Management LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 5.4% during the third quarter. Milestone Asset Management LLC now owns 12,483 shares of the company’s stock worth $633,000 after purchasing an additional 643 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO opened at $50.53 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.71. The business’s fifty day moving average is $50.60 and its 200 day moving average is $50.58.

About iShares Treasury Floating Rate Bond ETF

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.